- An applicant must possess or expect to obtain an Honours degree (or a 4-year Bachelor’s degree) in a discipline with strong quantitative training such as mathematics, statistics, economics, finance, computer science, engineering, physical sciences, or equivalent degrees with strong mathematical background.
- An applicant whose medium of undergraduate instruction is not English must pass TOEFL (minimum score required is 85) or IELTS (minimum score required is 6.0).
- Candidature Period:
| Full-Time |
| 1 – 2 years (2 – 4 semesters) |
- All applicants should apply online via the Graduate Admission System.
- Applicants should browse the User Guide before applying.
- All supporting documents must be uploaded (in .pdf format) by the application closing date. English translations should accompany supporting documents that are not in English.
- Applicants no longer need to send us the hardcopy of the supporting documents as these documents can be uploaded into application portal for retrieval.
- No changes are allowed once the application is submitted.
- Inaccurate/incomplete applications will not be processed.
- Applications and/or payment received after the closing date will not be processed for that intake.
- No candidate may concurrently be a student for more than one degree or register as an NUS candidate and of another university/institute.
- Shortlisted candidates may be required to sit for an interview. They will be informed of the details in due course.
SUPPORTING DOCUMENTS
- Singapore NRIC (for Singapore Citizens or Singapore Permanent Residents)
- Passport information page (for International applicants)
- University transcript
- Applicants should upload the official transcript from each university they have attended
- Degree scroll or a letter stating your full-time student status
- A degree scroll is a document conferred upon a student after he/she has completed the required courses in the programme and met the graduation requirements for his/her undergraduate/postgraduate education.
- A degree scroll and a verification letter are two different documents.
- Valid TOEFL/IELTS score
- Applicants whose medium of undergraduate instruction is not English should upload the official score sheet of the Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) as evidence of their proficiency in the English language.
- The minimum TOEFL score required is 85.
- The minimum IELTS score required is 6 (overall).
- TOEFL/ IELTS scores are valid for two (2) years from the test date and should not have expired at point of application. Expired scores will not be considered for the application.
- If you do not have any TOEFL/IELTS official score sheet available, you may be required to sit for the Diagnostic English Test(DET).
- Financial document eg. bank statement / recent payslip / original sponsor’s letter
- Referee Reports, GRE/GMAT Report and Personal Statement are not required for application to the programme
APPLICATION PERIOD
1 October of the previous year to 15 March
CLOSING DATE
- 15 March
- There is only one intake every year for this joint programme, coinciding with the beginning of the academic year in August.
APPLICATION OUTCOME
- By 30 June
FURTHER INFORMATION
IMPORTANT
- The University has not engaged any external agencies to undertake graduate student recruitment on its behalf. Candidates interested in our graduate programmes are advised to apply directly to the University and not through any agents. Candidates who apply through agents will not have any added advantage in gaining admission.
- We regret that we do not acknowledge receipt of applications and are unable to answer queries related to the status of applications and the chances of admission. This is to ensure that all applications are processed promptly.
APPLICATION FEES
- Payable when submitting application materials.
- Non-refundable nor transferrable.
- SGD$100 (online)
TUITION FEES (FOR THE ENTIRE 10-MODULE PROGRAMME)
- CNY220,000 (August 2022 intake)
- CNY260,000 (August 2023 intake)
MISCELLANEOUS STUDENT FEES (MSF)
- This is a mandatory fee levied by NUS for all students enrolled in its programmes.
- The fee comprises of registration fee, examination fee, computer account fee and class fee (copyright). Fees are normally paid at the beginning of every semester during a student’s candidature.
- This is set by the University, and is compulsory and payable every semester. See table of fees
- The fees include GST and are subject to change/inflation.
- For ease of billing and payment, NUS will bill incoming students only once, for a lump sum for two years (minimum candidature), to be paid in full at the beginning of their first semester.
- As Health and Insurance fees are excluded from the MSF for students enrolled in this programme, students are advised to arrange for their own travel and health insurance before they depart from Shanghai to Singapore if they opt to spend their special term at NUS to complete one listed elective module.
- In the event that a student needs medical consultation while in Singapore, he/she may do so at the University Health Centre (UHC) or other clinics/hospitals and would be required to pay the full rate upfront for international students. Note that hospital charges for international students can be quite high.
- Payment of this mandatory fees must be made directly to NUS in SGD via telegraphic transfer or online via credit card (VISA/AMEX). Please note that NUS does not have PAYPAL or China Union Pay facilities. Refer to instructions on the invoice, which will be sent by NUS in due course.
PER COURSE FEES
- For students who need to repeat a course or who wish to read more than 10 courses to meet the programme/graduation requirements.
- CNY22,000 (August 2022)
- CNY26,000 (August 2023)
NOTE
- All fees quoted above include prevailing taxes unless otherwise stated.
- Fees are subject to change/inflation.
- Fees paid are strictly non-refundable nor transferrable in the event of non-completion of the programme by the candidate.
- There may be penalties for late or partial fee payment.
- Students who wish to read more than 10 courses should note that the per course fees are paid to the course host department and may not be refunded if they decide to drop the extra course/s. Application for the extra module/s is also subject to approval by the course host department.
APPLICATION FEES
- SGD100 (online)
- Non-refundable and payable when submitting application materials.
TUITION FEES
- Tuition fees for this programme will be paid directly to SJTU. Please refer here for more details.
How does this programme differ from the regular MSc in Quantitative Finance programme offered by NUS?
- MSc in Quantitative Finance is offered by three strong academic departments in NUS – Department of Mathematics in collaboration with the Department of Statistics & Applied Probability and the Department of Economics, Entire programme will be conducted solely in NUS.
- NUS-SJTU MSc in Quantitative Finance is offered jointly by NUS and SJTU. Students who applied for the NUS-SJTU MQF must be prepared to fly over to Shanghai, China (at their own expenses) as the entire programme will mostly be conducted in Shanghai Jiaotong University.
- There is a difference in terms of payment structure between the regular MQF and joint MQF programme.
I’m very interested in this programme but I do not have a degree in mathematics or quantitative finance. Am I eligible to apply?
This is up to you to decide. The programme is aimed at providing advanced training in quantitative finance and enrolled students should have a strong background in mathematics or quantitative finance so that they can follow the syllabus with ease.
I do not have an Honours degree (i.e. only a 3-year Bachelor’s degree or its equivalent). Am I eligible to apply?
As this is a 40-unit programme, applicants are required to possess at least an Honours degree (or a 4-year Bachelor’s degree) or at least 3 – 4 years of relevant working experience in financial industries for consideration of admission.
Must I sit for TOEFL and GRE tests?
- TOEFL ascertains a candidate’s English language proficiency and is necessary if English is not your native tongue or the medium of university instruction for your tertiary degree is not completely in English.
- GRE test is not required for applying to this programme. For details on test centres and test dates, check the web sites of TOEFL.
Do you accept copies of test results for TOEFL test?
If you have sat for the test but are worried that the score sheet may not reach us in time, you may email a copy of the test candidate’s score sheet to us first. Processing of applications may be delayed if the required documents are not available during the review.
May I be exempted from sitting for TOEFL test since it is not available in my province/country?
You may replace TOEFL with IELTS or an official certification letter from your institution indicating that the medium of teaching/instruction was English, whichever is available.
Can I submit the test result after the application closing date, if there are no test dates available before the closing date?
You are strongly advised to plan ahead for the test so that the result may reach us before the closing date. In the unfortunate event that the test result can only be submitted after application closing date, they must reach us within two weeks of the closing date.
Must I submit referees’ reports/letters?
Referees’ reports/letters are not required for this programme.
Should I submit all supporting documents?
You are required to submit all documents indicated on your application check-list.
However, it is not necessary to submit everything in original versions especially if you only have one piece of the original document. However, you may be required to upload copies of these supporting documents at the point of application. Also, do note that you must be able to produce the original version for verification when required.
When will I know the outcome of my application?
You will be notified about two to three months after the closing date. Do note that we do not acknowledge receipt of applications, and are unable to answer queries related to the status of applications and chances of admission.
I have been admitted to the programme but due to unforeseen circumstances, I may not be able to complete matriculation and commence study as planned. Can I defer my admission to the next intake?
You may request for deferment if you have been offered admission or have registered for it. Send us an email to request for a deferment, indicating the new start date. You will be notified of the outcome in due course.
I have problems continuing or completing the programme. Can I drop out from it?
You would need to complete and submit a form for it.
Is there a closing date to apply for deferment, leave of absence or withdrawal?
Request for deferment and withdrawal has to be done by 31st May.
Note that acceptance and/or tuition fees that are paid are non-refundable even with valid reasons.
Are there any scholarships available for this programme?
There are no scholarships available for this programme.
I can’t find answers in the FAQs above.
Check the FAQ page by the Faculty of Science. If you still can’t find the answers, drop us an email.
